Jean-Claude Biver Stepping Back at LVMH

MajorsSep 21, 2018

Jean-Claude Biver Stepping Back at LVMH

The well-respected executive is relinquishing his operational role but will remain on board as non-executive president of the watch division.

Zurich—Media reports surfaced Thursday indicating that Jean-Claude Biver is stepping back from his role as head of the watch division for LVMH, which owns TAG Heuer, Hublot and Zenith.

Reuters published a short news item early Thursday then updated the story later in the day to include quotes from Biver, who confirmed the change.

The longtime and well-respected watch executive, who has been overseeing the watch business at LVMH since 2014 and has been with the luxury conglomerate since 2008, told the news service he’s dropping his operational responsibilities but will remain as a non-executive president for the watch division.

The 69-year-old cited serious health concerns but noted that he has been feeling better in recent months.

Biver declined to comment to Reuters on another news report stating that his replacement would be Stephane Bianchi, who once headed French cosmetics group Yves Rocher.

LVMH had not issued a formal release or responded to National Jeweler’s inquiry on the matter by press time.

Michelle Graffis the editor-in-chief at National Jeweler, directing the publication’s coverage both online and in print.

The Latest

AuctionsApr 16, 2021
Try On This Diamond and Pearl Tiara Before It Heads to Auction

Sotheby’s created an Instagram filter for the crown, estimated to sell for up to $1.5 million.

SurveysApr 16, 2021
March Retail Sales Surge

Another round of stimulus checks helped to bolster last month’s retail sales.

CollectionsApr 16, 2021
Supplier Kim International Revives its Catalog

It showcases 2021 and 2022 styles, with most ready to ship from Dallas, Texas.

Brought to you by
4 Reasons You Need This Program for Mother’s Day

Learn how to increase customer loyalty and revenue by making JM™ Care Plan a cornerstone of your business plan.

TrendsApr 16, 2021
Piece of the Week: Anthony Lent’s ‘Lunar Galaxy’ Earrings

Colorful gems enliven a classic celestial motif.

Weekly QuizApr 16, 2021
This Week's Quiz
Test your knowledge of jewelry news from the week of April 12-16, 2021.
Take the Quiz
TechnologyApr 15, 2021
Blue Nile Hires Amazon, Timex Execs

The jewelry retailer named a new chief operating officer and senior vice president of supply chain.

CollectionsApr 15, 2021
Check Out Stone and Strand’s First Bridal Collection

All six styles are priced under $2,000.

Brought to you by
Evaluating Your Inventory For Success in 2021 

After months of pandemic-driven social distancing, restrictions and lock-downs, consumers will be excited to visit your store. Now is the time to ensure you have the right inventory on-hand to capitalize on that excitement!

GradingApr 15, 2021
GCAL Introduces Its New Cut Grade Standard, 8X

Diamonds must receive a grade of “excellent” across eight criteria to be deemed an 8X.